𝐒𝐞𝐦𝐢𝐬 𝐝𝐨𝐧’𝐭 𝐟𝐞𝐚𝐫 𝐫𝐚𝐭𝐞 𝐡𝐢𝐤𝐞𝐬. 𝐓𝐡𝐞𝐲 𝐟𝐞𝐚𝐫 𝐧𝐨 𝐞𝐧𝐝 𝐢𝐧 𝐬𝐢𝐠𝐡𝐭.
One rate hike isn’t necessarily the problem.
The bigger issue is a tightening cycle that keeps going while nobody knows where the peak is.
We saw something similar in 2022. After the June hawkish surprise, the SOX Index still gained roughly 15% over the following three months.
Once the market starts getting a clearer picture of where rates could peak, attention can shift back to what actually drives semis:
AI spending, chip demand and earnings.
And AI capex is still a pretty big piece of this story, with data centers and advanced chips continuing to drive investment.
So I’m watching the Fed guidance more than the headline rate decision.
If the market gets a clearer path toward the end of the tightening cycle, semis could have a very different conversation with rates.
That’s the setup I’m watching on BingX TradFi.
#FOMC #BTC #BTC Price Analysis# #FED $BTC $ETH
One rate hike isn’t necessarily the problem.
The bigger issue is a tightening cycle that keeps going while nobody knows where the peak is.
We saw something similar in 2022. After the June hawkish surprise, the SOX Index still gained roughly 15% over the following three months.
Once the market starts getting a clearer picture of where rates could peak, attention can shift back to what actually drives semis:
AI spending, chip demand and earnings.
And AI capex is still a pretty big piece of this story, with data centers and advanced chips continuing to drive investment.
So I’m watching the Fed guidance more than the headline rate decision.
If the market gets a clearer path toward the end of the tightening cycle, semis could have a very different conversation with rates.
That’s the setup I’m watching on BingX TradFi.
#FOMC #BTC #BTC Price Analysis# #FED $BTC $ETH
